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Revenue $75,000 $100,000 $125,000 $150,000 $150,000 $150,000 Maintenance $2,700 $2,700 $2,700 $2,700 $2,700 $2,781 $2.781 Materials $15,000 $15,000 $10,000 $10,000 $10,000 $10,000 $10.000 Labor $70,000

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Revenue $75,000 $100,000 $125,000 $150,000 $150,000 $150,000 Maintenance $2,700 $2,700 $2,700 $2,700 $2,700 $2,781 $2.781 Materials $15,000 $15,000 $10,000 $10,000 $10,000 $10,000 $10.000 Labor $70,000 $72,100 $74.263 $76,491 $78, 786 $81,149 $83.583 Total cash in (2,700+15,000+ (75, 000-2, 700, (100,000-2,700- (125,000-2,700- (150,000-2,700- (150,000-2,781- (150,000-2,781- 70,000) 15, 00, 72, 100) 10,000-74,263) 10,000-76,491) 10,000-78,786) 10,000-81,149) 10,000-82,583) or out $87,700 $9,800 $13, 037 $35,809 $58,514 $56,070 $51,636 PV factor 0.9259 0.857 0.793 0.735 0.681 0.630 0.583 1=8%) PV= 1+.08 Present value S-81,201 S-8,398 $10,338 $26,319 $39,848 $35,324 $30,103 ($65,000+ $81,201 + $8,398-$154,599 out) - ($10,338+26,319+$39,847+$35,324+$30,103=$141,932 in)

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